Visual storytelling iPad app Storehouse has raised $7 million in Series A funding. “We’ve been impressed by how creative the everyday consumer is,” said Mark Kawano, the company’s CEO and a former Apple designer.

Webshots, one of the original photo-sharing companies founded in the 1990’s, is re-launching this fall after coming under new ownership again, attracting top Silicon Valley investors as the group works to achieve the difficult task of promoting older photo-sharing sites in the age of Facebook.

Mobile ratings app maker Tello is launching Tello for Business, a Web-based way for business owners to get detailed analytics about customer interactions and respond to them in real time. It’s also announcing a $2.7 million Series A round led by Bullpen Capital and True Ventures.

Nodeable, a San Francisco–based startup that uses social-media tactics to provide analytics on cloud-computing infrastructure, has closed a $2 million Series A round from True Ventures. Essentially, Nodeable feeds customers data about the performance of their cloud resources via a Twitter-like stream.

On May 30, 2006, we incorporated GigaOM, the company. Just 24 hours later, our investors, True Ventures, wired me the seed money to get going. They also presented me with a check in an envelope that had three simple words: Live the dream.

Well, this is what happens when you break news about your competitors getting acquired by AOL. They get back at you by revealing that you raised additional venture dollars while you are fast asleep. We did receive a fresh $2.5 million injection from True Ventures and Alloy Ventures,